It seems like if the good guys were trying to end the central banking systems this is something they would do...Appreciate any good info or links
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Satoshi Nakamoto from Japan claims to have invented Bitcoin. I have invested in several different coins. You are correct that blockchain is as close as you will get to a perfect ledger and makes hacking very difficult. You could vote from home using blockchain with little chance of someone stealing your vote.
The dollar you pull out of your pocket is worthless. That is why you need so many to buy a cup of coffee. I can buy a car with one bitcoin as an example.
Satoshi Nakamoto is not from Japan nor is he a single person. Satoshi Nakamoto is a fictitious pseudonym for the creator of Bitcoin.
Also, more likely than not Satoshi Nakamoto is Hal Finney who lived in the Bay Area and died shortly after Bitcoin went online. Thus explains why Satoshi's ~1 million bitcoin have never been transferred a single time.
You apparently never understood satire.
Some rebuttals to your additional comments.
It doesn't strike me as a white OR black hat operation. It strikes me as a NERD operation.
Digital currency CREATED by the govt would be a way they can control us... but NOT BITCOIN. No govt has control or any real means of access to anyone who is transacting in Bitcoin.
Chip in the body would be ONE OF THE WORST ways to secure a bitcoin wallet. Actually. You want your bitcoin wallet keys located in a completely different location as yourself.
You should research the origins of bitcoin and WHY Satoshi and his team created it to begin with. Also, there is a vast amount of evidence that Hal Finney who is an American Cypherpunk nerd who died shortly after Bitcoin went live... is Satoshi Nakamoto. So that also contradicts the whole NSA theory. There is no connection of Bitcoin with the NSA, not even a smidge.
I hate to say it, but everyone in here bashing Bitcoin is truly and utterly wrong about it.
Bitcoin was created to remove government's ability to control us with their useless paperbacks.
Bitcoin is a big "fuck you" to the deep state. It takes complete control over the world's financials AWAY from the deep state, and in the hands of the people.
IMO, Bitcoin did.. but then it was taken over and stifled by a group calling themselves 'Core' and the original contributing programmers were removed.. But it forked before Core could pollute the protocol with vulnerabilities and that resulted in Bitcoin Cash.. I really do think BCH will be higher value long term.. but that might be 5-15 years from now.
EDIT: I think pretty much 1/3 of the top 10-20 crypto currencies on coinmarketcap.com will go up drastically in value.. and the others will go down.. but overall, an investment split evenly across the top 10 will pay off in the long run. Bitcoin is still a good short-term investment, imo.
https://coinmarketcap.com/headlines/news/us-sec-may-let-institutions-conceal-bitcoin-holdings-worth-less-than-35-bln/
the rothschilds are heavily involved and i understand money launderers use it. I wouldnt touch it.
There is talk that a quantum banking system is coming through the good guys I have no idea if it is true.. I dont understand what they are talking about. https://drcharlieward.com/the-quantum-financial-system-qfs/
Find out who started it. Once that is exposed, I bet it will go bust.
I just can’t trust something I can’t hold in my hand.
Call me old fashioned.
You can't hold Q in your hand yet you trust that? Hehe
As well as God :D
Just poking fun, but the wool is pulled over your eyes. Crypto is the biggest nail in the coffin to globalism. No one can control it. It removes the ability for any one nation or person or entity to govern the world's finances the way the globalists want to.
Bitcoin is China and Epstein...
I heard a story that it’s to con the Chinese but it doesn’t make sense to me
Truth is, Bitcoin was created by a bunch of nerds in the bay area known as the cypherpunks.
They created it due to the massive inflation and market crash we suffered in 2008. It was simply created to give the people a asset they can put their money into that counters the inflation we are seeing world govt's do to their fiat currencies.
It's a store of value. Nothing more. Digital gold. And it cannot be controlled, regulated, or stopped by anyone. That's why it is so effective.
Another thing I want to point out is because of this, a new technological breakthrough comes with it. Blockchain technology is.. to put it simply... the most powerful globally universally accessible super computer that everyone in the world has access to.
Entire business can be built ontop of this technology. Especially on Ethereum. Business that normally would have needed hundreds of servers in a cloud to maintain can run entirely off one simple Smart contract running on the Ethereum blockchain itself.
Edit:
I have operated three businesses ontop of blockchains since 2017.
u cant get them all in paper. there's limits. its all a credit system. prices change not becuz of the items as much as the volatility of the currency.
1.) Bitcoin doesn't fluctuate rapidly. The US Dollar does, which reflects in not only Bitcoin value, but also in Gold, Silver, etc.
2.) In todays day and age, if there is no internet, the world has far bigger issues than anything to do with MONEY, and MONEY won't become the true assets people seek at that time. Usable ITEMS will be more valuable than any form of money. It will come down to bartering. So obtaining as many valuable and useful ITEMS is what brings true security.
3.) It cannot be taken away from you at a moments notice. In fact, having any form of fiat currency is infinitely more risky and can be taken from you far easier than a properly secured Crypto wallet. There is no way anyone can take your money if you use some very basic security precautions.
I believe most of the fear users on this forum have with Crypto is based on uneducated opinions that entice fear.
When the truth is, and many many many highly sophisticated computer engineers and developers have verified it.... Bitcoin is more secure than literally just about anything else (other than silver, or gold)... when it comes to being fearful of govt's taking it away from you etc... They simply have no way to do so. It would be easier for them to come to your house and physically remove dollar bills from your possession than to hack your Bitcoin wallet Private key and take your money from you. :)
This also is true with other things too not just govts.... think extortionists and blackmail artists. You can lock your funds away from even your own single access ability... Meaning multi-authentication would be required (for example you AND your wife would have to authorize the transaction)... So if someone put a gun to your head and said "Send me all your bitcoin" you wouldnt even have a possible way to do it... And criminals know this so they generally avoid attempting these types of crimes against people who they personally know have a lot of crypto currency.
There are so many benefits that completely crush the cons... IMO.
I will be terrified of a US Dollar crypto brought to us by the Feds, though. And I do fear Bitcoins surge is going to cause that to happen.